Browsing All posts tagged under »pay for performance«

Bold Leadership: Walking the Walk on Pay for Performance

January 11, 2010

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Last week, Jeff Smisek took over as CEO of Continental Airlines. As reported in the Houston Chronicle, one of Smisek’s first acts was to give up his annual salary of $730,000 and any bonuses until the airline earns a full-year profit. In a letter to the company’s employees – the full text of which can […]